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Category: Trade & Industry

Trade & Industry news covering business developments, industrial growth, manufacturing trends, and economic policies shaping domestic and global markets.

Federation of Pakistan Chambers

FPCCI submits proposals for federal budget 2023-2024

May 18, 2023May 18, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) submitted its proposals for the federal budget 2023-2024 on Thursday.

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Lucky Cement Limited

Lucky Cement expands clinker production capacity in Iraq

May 18, 2023May 18, 2023Faisal Shahnawaz

Lucky Cement Limited Thursday announced its plans to expand its clinker production capacity in Iraq in response to the increasing demand for cement in the country.

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Overseas Chamber

Overseas investors urge Pakistan to crack down on illicit trade, raid retailers

May 18, 2023May 18, 2023Faisal Shahnawaz

The Overseas Investors Chamber of Commerce and Industry (OICCI) has called upon Pakistan to take decisive action against retailers and manufacturers involved in illicit trade.

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UNISAME

UNISAME opposes potential re-imposition of withholding tax on cash withdrawal

May 17, 2023May 17, 2023Hamza Shahnawaz

KARACHI: The Union of Small and Medium Enterprises (UNISAME) has voiced its opposition to reports suggesting that the government is considering the re-imposition of withholding tax on cash withdrawals.

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Overseas Chamber

OICCI recommends demonetization of Rs5,000 banknote to curb cash dealings

May 17, 2023May 17, 2023Faisal Shahnawaz

The Overseas Investors Chamber of Commerce and Industry (OICCI) has put forth a recommendation to the government, urging the demonetization of the Rs5,000 banknote as a measure to curb cash dealings in the country.

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Petroleum Prices in Pakistan increase decrease

Business community welcomes cut in petroleum prices

May 16, 2023May 16, 2023Faisal Shahnawaz

The business community in Pakistan has welcomed the recent reduction in petroleum prices, expressing their appreciation for the positive impact expected to have on various sectors of the economy.

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ICAP hosts CFO conference

ICAP successfully hosts highly anticipated CFO Conference 2023

May 16, 2023May 16, 2023Faisal Shahnawaz

The Institute of Chartered Accountants of Pakistan (ICAP) Tuesday organized the much-awaited CFO Conference 2023, focusing on the theme of “Resilient CFO – Balancing the Agenda for Tomorrow.” The event took place at a local hotel in Karachi and was spearheaded by the Professional Accountants in Business (PAIB) Committee.

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Federation of Pakistan Chambers

FPCCI proposes simplification of taxation system in Budget 2023-2024

May 16, 2023January 24, 2025Faisal Shahnawaz

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to implement taxation reforms and simplify the taxation system in the upcoming budget for the fiscal year 2023-2024.

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Petroleum Prices in Pakistan increase decrease

Pakistan’s apex trade body calls for significant reduction in petroleum prices

May 15, 2023May 15, 2023Faisal Shahnawaz

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the country’s apex trade body, on Monday urged the government to announce a substantial reduction in petroleum prices.

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KCCI Photo

Business leaders urge unity to address political instability and economic crisis

May 15, 2023May 15, 2023Hamza Shahnawaz

The Leadership of Businessmen Group (BMG) and Karachi Chamber of Commerce & Industry (KCCI) Monday expressed their deep dissatisfaction with the ongoing political instability, which is severely impacting the country’s already struggling economy and declining exports.

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